Ethereum exchange inflows hit 2.24M; Binance took 1.16M

Ethereum deposits to exchanges spiked to 2.24M ETH in a single day. CryptoQuant Quicktake notes a four‑month high.

Binance led inflows with 1.16M ETH that day. Total across all exchanges was 2.24M ETH.

The metric tracks ETH sent to exchanges. High inflows often signal potential selling.

The jump followed quiet deposit activity. Arab Chain highlights the shift in behavior.

Investors may be taking profits or rotating. It can mean more volatility ahead.

High inflows don’t guarantee a bear market. But sustained deposits can add sell pressure.

ETH weakened alongside Bitcoin this week. ETH briefly touched $1,505.

At writing, ETH trades near $1,577. One‑day change is −5.35%, per CoinMarketCap.

• 2.24M ETH to exchanges on June 6 source
• Four‑month high in inflows source
• Binance share: 1.16M ETH source